PANews reported on December 24 that on-chain analyst Yu Jin monitored that after nearly 2 years, the Cosmos Network developers transferred out 295.3 BTC (approximately 27.7 million USD) that they raised through ICO in 2017.
This year, they have transferred/sold a total of 21,600 ETH and 295.3 BTC, worth 78.67 million USD.
The BTC and ETH they raised through ICO in 2017 now total: 96.4 BTC and 17,188 ETH, worth 67 million USD.